Butterfly Network to merge with SPAC Longview The combined company will list on the New York Stock Exchange under the ticker "BFLY." It will have about $584 million in cash to develop its digital imaging technology.
Butterfly's early investors include Baillie Gifford, The Bill and Melinda Gates Foundation and Fosun Industrial Co., Limited. Butterfly's aim is to make superior medical imaging at more affordable prices. The deal is expected to close in the first quarter of 2021. (marketwatch)
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
Buying
FAST Fastenal special one-time dividend of 40 cents a shareFastenal Co. FAST, said its board has declared a special one-time dividend of 40 cents a share. The maker of fasteners and tools for industrial use said the dividend will be payable Dec. 22 to shareholders of record as of Dec. 2. (marketwatch)
The indicators are bullish on many timeframes.
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
Kenji signals: buy GBPUSDToday, the indicator "Kenji" on the daily GBPUSD chart generated a buy signal.
Let's give some explanations on this signal.
This is the ordinary signal to open the trade with a basic volume .
According to the indicator, the price of GBPUSD is currently in the active uptrend phase (the area between the fast and slow averages is colored blue). At the same time, current prices entered the buy zone, which led to the formation of a "buy" signal.
The long position remains relevant until either the market conditions change (for example, the uptrend changes to flat or downtrend), or a signal to close it appears (a blue cross indicating a sharp divergence between the price and average values).
Recall, work in a trend is one of the most comfortable and potentially successful trading options.
For reference:
The "Kenji" indicator is a brand new look at the average analysis. The main problem of most trading strategies and indicators based on the average analysis is a number of false signals in the case of flat and trend reverse (for example, frequent crossings of the averages, numerous changes in the direction of the averages, etc.). As a result, averages analysis cannot show its real power and effectiveness.
The Kenji indicator using a unique algorithm avoids the most common average analysis traps and significantly improves the quality of signals by determining the current state of the market (using the color indication "Kenji" shows the current state of the market: red color - downtrend, blue - uptrend, green - flat).
It generates signals for comfortable trading in a local trend. The indicator provides information on both the timing position opening and the moments of profit taking. It also helps to determine the level of aggressiveness of a signal. This makes the "Kenji" indicator a handy tool both for novice and experienced traders.
Bulletproof Dollar Cost Averaging Investing Explained.Dollar cost averaging.
You probably heard about this strategy, but what does it mean in practice?
And which type of dollar cost averaging strategy is the best?
In practice it means buying Bitcoin, stocks, commodity and so on every week or month at the monday, sunday, at the start of the month or at the end, not caring about the price.
You can also choose one random day in a month , when you make your purchase, more about that maybe in another Idea.
An example of dollar cost averaging can be found below backtests.
In this test I've compared buying Bitcoin at
- weekly opens (Monday open) eg. 06 Jan 2020
Average buy price in 2020 - $9,255
- weekly closes (Sunday Close) eg. 12 Jan 2020
Average buy price in 2020 - $9,361
So buying at the weekly close or at weekly open are both a good idea, but buying at open each week has a bigger return of investment than buying on close by 2%.
- monthly opens (First day in the month) eg. 01 Jan 2020
Average buy price in 2020 - $9,245
- monthly closes (Last day in the month) eg. 31 Jan 2020
Average buy price in 2020 - $9,827
Here we can see a bigger difference , while buying Bitcoin at open would gave you average price per BTC of $9,245, Buying at close would make your average buy $600 more expensive, 8% smaller yield.
To see if this trend also occurs in the last year, I've calculated also a year 2019 with monthly values.
It turns out, buying on open is here cheaper again, while buying Open would give an average of $7,022.
Buying at close would make average buy of $7,287, small difference but very noticeable in long term.
Example I.
I am starting to buy Bitcoin for 15% of my gross monthly income (let's say 500$ ) from first january at weekly open starting from 01 January until today .
How much would I have today?
Average buying price - $9,255
Current Bitcoin price - $13,180
Yield - 13180/9255 = 1,424 = 42,4%
Deposits - 42 per $500 = $21,000 in past value
Value = 21000 x 1,424= $29,904 in current value
Buying this year at open would give a very slight 0,1% increase in yield, so both buying at weekly open or monthly open is a good idea, maybe another time I can cover some random days in a month!
This strategy also works for stocks, commodities and etc.
IF you like my explanation, let me know by hitting that agree button or support me by some nice comment!
Cheers,
Tibor.
Break evens are signs of progress. Keep it upHi guys.... today ill be showing you my current trade, on going activated in the morning...
Its a range market transitioning to uptrend? may not.. always keep dat in mind that markets will surprises you
Move to break even
waiting for 6% trade or close the trade
Patience is a virtue
Bird's View | My favorite viewHi guys today ill be showing you the bird's view. This is my favorite analysis to see the overall direction of the market. As you can see I'm using 1hr charts my higher timeframe to see what is happening in the market. The market is ranging and there is a nice buy set up to me. Hoping i can secure a break even before the market turns against me.
See yah next week for more market view
Trade Accordingly to your own set-up Hi guys, today ill be showing you that trades that are in your set up are the best. They give you high probability trades. Bigger reward trade, less risk, and you can review it again and again to improve your trades. I always put stop loss to lessen my risk. Happy trading everyone
Potential Long on the EURCADWaiting for a clear break of structure on the EURCAD before I can actually enter the trade.
I would say it is still in a valid bear structure, but there is bull momentum to it too. Buyers are trying to drive the price up on the 4hour timeframe.
If they are successful in breaking the bear structure, I will wait for sellers to bring price down and test the region again. Then see if buyer can hold the level by overpowering the sellers.
Only then will I enter the potential buy.
Kenji signals: buy AUDUSDToday, the indicator "Kenji" on the daily AUDUSD chart generated a buy signal.
Let's give some explanations on this signal.
This is the ordinary signal to open the trade with a basic volume .
According to the indicator, the price of AUDUSD is currently in the active uptrend phase (the area between the fast and slow averages is colored blue). At the same time, current prices entered the buy zone, which led to the formation of a "buy" signal.
The long position remains relevant until either the market conditions change (for example, the uptrend changes to flat or downtrend), or a signal to close it appears (a blue cross indicating a sharp divergence between the price and average values).
Recall, work in a trend is one of the most comfortable and potentially successful trading options.
For reference:
The "Kenji" indicator is a brand new look at the average analysis. The main problem of most trading strategies and indicators based on the average analysis is a number of false signals in the case of flat and trend reverse (for example, frequent crossings of the averages, numerous changes in the direction of the averages, etc.). As a result, averages analysis cannot show its real power and effectiveness.
The Kenji indicator using a unique algorithm avoids the most common average analysis traps and significantly improves the quality of signals by determining the current state of the market (using the color indication "Kenji" shows the current state of the market: red color - downtrend, blue - uptrend, green - flat).
It generates signals for comfortable trading in a local trend. The indicator provides information on both the timing position opening and the moments of profit taking. It also helps to determine the level of aggressiveness of a signal. This makes the "Kenji" indicator a handy tool both for novice and experienced traders.